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welcome to our viewers here and around the world. i'm christiane amanpour. and at the top of the news this week -- as the global economy recovers, is the united states falling behind? >> it's understandable that people are saying, you know, what have you done? >> the president proposes new spending and allowing tax cuts for the wealthy to expire. but is it good politics, economics? questions this morning for president obama's newly appointed chair of the council of economic advisers, austan goolsbee. then, remembering 9/11. and nine years later, the growing hostility towards american muslims. >> we're treated and talked about today as if american muslims are not americans.
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>> an exclusive interview with the imam who wants to build an islamic center near ground zero. if you thought it would have provoked this controversy, what would you have done? and three leading thinkers on faith discuss religious tolerance and islam-ophobia. and analysis of all the week's politics with our "roundtable," with george will, arianna huffington, kate zernike, and jonathan karl. and "the sunday funnies." >> the economy is so bad that the florida preacher, terry jones, now wants to burn his 401(k). that's how bad. hello. the world economy once looked to the american consumer to pull it out of recession. not anymore. now the world is looking to china and emerging economies. where growth is taking hold. at his news conference on
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friday, the president admitted that economic progress here was "painfully slow." joining me this morning, the president's top economic adviser, austan goolsbee. who's just been appointed chair of the president's council of economic advisers. thank you for joining us. >> thank you for having me. >> thank you very much. i want to ask you what's just happened. the house minority leader, john boehner has said that he would consider extending the middle class tax cuts. if the only option i have is to vote for some of those tax reductions, i'll vote for it, he said, on "face the nation" this morning. what is your reaction? >> well, i haven't seen the comments. but i noticed the qualifier if my only choice is. if he -- if he's truly saying that we can, as the president called for, get a broad consensus to extend the middle class tax cuts, we should do it. we shouldn't hold that hostage for the argument about the tax
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cuts just for the very, very highest income people. if he's for that, i would happy. in the past, we have seen some of these circumstances in which what appears to be the offer of doing the sensible thing in the light of day, there's a little bit of a feeling of, well, if the president's for it, i'm against it, then it falls apart. >> he does obviously go on to say he's going do everything he can to fight to make sure that all the tax cuts are extended. if this does happen that he's going to vote for an extension of the middle class tax cuts, how, and do you think that those democrats that oppose what the president wants to do will be brought on board? in other words, will they go for just the middle class tax cuts? and get this done by the midterms? >> i certainly hope so. i'm not a political expert.
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i'm just a policy guy. but i believe there's a broad consensus, a middle ground, if you will, that democrats and republicans and business people and workers can agree on to get this -- the economy growing faster and getting people back to work. it's exactly what the president tried to do and is trying to emphasize in the policies he outlined this week. and we ought to do that. we ought to come together. i have noticed -- in congress there is a bit of a different philosophy, i think. between what representative boehner is putting forward and what the president is putting forward. the president is saying, let's find the middle ground and find the things that can get the economy growing. let's have incentives for small business, investment, so people want to build factories and employ people in this country and we give tax relief to the
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middle class. i would point out that representative boehner has a different view and is calling for the repealing the rest of the stimulus. that would raise taxes on middle class people. >> it looks like representative boehner, at least if we take him at what he just said. he'll vote for it if it's that only option he has. but i want to ask you -- because the president said he wants to extend the bush era middle class tax cuts but allow the ones for the wealthy to expire. one of your former colleagues, peter orszag had an op-ed. in "the new york times," in which he suggested that higher taxes now would "crimp consumer spending." kind of harm the economy at this point. to extend them all for the next two years. is that a goer? >> i obviously know peter very well. his column was a political column. he made the political argument
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that if we extended them all for two years, then the republicans could be convinced to get rid of the high income tax cuts after the two years. >> would you do that? >> i don't think that politically he's correct. i think representative boehner made clear he wants to go back to the tax and budget policy of the bush administration. >> but he made the argument that this time it would crimp consumer demand. >> the president doesn't need to take lessons in tax cuts from anyone. he cut taxes for hundreds of millions of people. we've cut taxes across the board. we cut taxes for small business eight different times. and the president now has a small business bill sitting in congress that is being held up by republicans in the senate. that would cut them eight different more times. >> what does the president mean when on friday, he said, certainly, there's going to be
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room for discussion on extending the tax cuts for the wealthy. if the republicans and democrats can both agree to extend them for the middle class. has he opened an avenue of negotiation on those tax cuts for the wealthy? >> no, i do not think so. the president has been, all along, through the campaign and administration, quite clear on what i believe the economics is also quite clear that -- borrowing $700 billion to extend tax cuts that average more than $100,000 a year to millionaires and even billionaires is the least effective bang for the buck we can have. when he said we'll be open to discussion, it was in a sentence where he said, we should all be able to agree that what would give some certainty to the economy now would be extending the middle class tax cuts now. let's talk about the other things after we do that. >> everything is about unemployment. as it affects people all over this country. where do you think unemployment
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will be in the short term? is it going to come down to below 7%? >> there is an official unemployment forecast that is issued. i'm not going to deviate. it's going to stay high. this recession is the deepest in our lifetimes. the deepest since 1929. if you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is it bigger, this is bigger than all of those combined. more than 8 million people lost their jobs. it's going to take a significant push on our part and time before that comes down. i don't anticipate it coming down rapidly. >> so this week, though, the president announced some $200 billion in tax breaks. the infrastructure building. how many jobs will that create? >> it depends on how you do it. it could have a significant impact on trying to get
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investment by small businesses in -- buying equipment, research and development and job creation in this country. that's the key. >> do you have sort of a target number? >> i don't want to speculate. but i will say that the point that we must have, the point of those policies, they are not spending. the government giving tax cuts to businesses to invest in this country. that's what they are. we cannot have a sustained recovery without the private sector standing up. the president knows that and has said it many times. >> and just briefly, as we close. a new report is saying that the number of american people living in poverty is about to rise. from something like 13.2% to 15%. back to the 1960 levels, which led to the national war on poverty. what can you do, in this climate, to affect that?
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>> look, i think the number one thing you can do to address poverty is also the way you address unemployment and the way you address the squeeze on the middle class. and that is get the economy growing. and get people back to work. the kinds of policies that the president's putting forward are quite different than what is coming from the other side. let's try to find this broad middle ground in which we have targeted incentives for people to do their investment in this country, not somewhere else. and part of that is infrastructure and part is research and development. part of it is old-fashioned moxie. let's get the private sector stood up so that they can carry us out of this. >> austan goolsbee, thank you so much per joining me. >> thank you for having me. as much as the president wanted to talk about the economy, he also found himself having to speak to the country about religious tolerance. yesterday, at pentagon ceremonies to observe the 9/11 anniversary, the president
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reminded americans that they are not at war with islam. the plans to build an islamic center close to ground zero have whipped up the anti-muslim sent -- sentiment to the extent that a pastor with limited followers can cause an international incident. nearly 50% of americans say they have an unfavorable view of islam now. not since 9/11 has the country seen such anti-muslim fervor. president obama is now calling for religious tolerance, just as president bush did in 2001. >> the face of terror is not the true faith of islam. that's not what islam is all about. islam is peace. >> america has a significant muslim problem. and i think that what we've seen now really shows what is the tip of the iceberg. a reality that most people didn't notice. unleashed out of manhattan.
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then becomes a series of acts, hate, protest. >> i feel like islam has been under attack. >> i think there's an increased level of fear. we used to be a normal citizen, a normal part of american society. now you get a lot more suspicion. >> no mosque here! >> reporter: muslim americans are feeling vulnerable. with attacks on mosques in california, wisconsin, and tennessee. and the latest fuel poured on the fire. a threat to burn korans from a fringe pastor with a flock of 30. i went to the proposed islamic center. just blocks from ground zero. where i found visitors from out of town. >> time to draw together. not do things that would divide us. and make us more divisive. it sends the wrong message around the world. >> that is not america. that is not what americans are about. >> reporter: and journalists from around the world.
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>> this whole thing is like a huge international issue. >> we don't have to agree with islam. we have to agree on the constitution. >> i lost both my parents! >> reporter: these two events have created a global backlash. from washington, to the vatican, to afghanistan. >> we have two dangers right now. one is that the civil liberties of muslim americans will be even more eroded. two, and more broadly. we will wake up one day and realize that the america we like to celebrate, the america we point to people around the world when we look down on them and say, we're a democracy, we believe in human rights. that, in fact, all of that, with the exception of this group. and that's a very dangerous slippery slope to go down. >> and in new york city yesterday, 9/11 ceremonies were marked by protests for and against plans to build the islamic center nearby.
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the imam in charge of the project says that he has no intention of moving it right now, or of meeting with the controversial pastor who wants to burn korans. i sat down with imam feisal abdul rauf. for an exclusive interview. imam, thank you for joining us. >> thank you for having me. >> tell me about your plans for islamic center. are you going to keep the center at park 51? >> the decisions we make will be predicated on what is best for everybody. >> how will you decide that? >> it's been difficult and challenging. unfortunately the discourse has been, to a certain extent, hijacked by the radicals. the radicals on both sides. they feed off each other. and, to a certain extent, the attention they've been able to get by the media has aggravated the problem. >> 71% of new yorkers say it should be moved.
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what is your main reason for not wanting to move it? >> my major concern with moving it is that the headline in the muslim world will be, islam is under attack in america. this will strengthen the radicals in the muslim world. it will help the recruitment. this will put our people, our soldiers, troops, embassies, citizens under attack in the muslim world. given and fueled to terrorism. >> do you think that is a legitimate grievance not to move it? >> it's an extremely important consideration. >> people are saying that because you intimated it would cause great anger in muslim countries, it could threaten the united states. people are saying that you made a threat. was that your intention? >> i have never made a threat. i never made a threat. never expressed a threat. i would never threaten violence
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ever. i'm a man of peace, dedicated to peace. we have two audiences. the american and the muslim. and this issue has riveted the attention of the whole muslim world. whatever we do, and whatever we say, how we move, every part about it is being watched, very, very closely. if we make the wrong move, it will only expand and strengthen the voice of the radicals and extremists. >> but what about the sensitivities of the people that have raised the objections to the center being so close to ground zero? >> i'm extremely concerned. i tried to reach out to them. we'll continue to reach out to them. >> do you think that you should have done something different from the beginning? did you do enough politicking, grass roots, whatever you would like to call it? including the 9/11 families.
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>> well, we certainly had reached out. and this project was front-page news in "the new york times" last december. no one objected. what has happened, since may, five, six months later, for political reasons, certain politicians decided that this project would be very useful for their political ambitions. >> sarah palin made a famous tweet saying please reconsider, the feelings are too raw. what did you think about that? >> i found it disingenuous to a certain extent. the fact of the matter is, this has been used for political purposes. and there is growing islam-phobia in this country. how else would you describe the fact that mosques around the country are now being attacked? we're americans, too. we're treated and talked about today as if american and muslims are not americans. we are americans. we are doctors, we are
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investment bankers, taxi drivers, we are storekeepers, we are lawyers. we are part of the fabric of america. and the way that america today treats its muslims is being watched by over 1 billion muslims worldwide. and the battleground today is not between islam and the west. the battleground has been moderates of all faith traditions in all the countries of the world, against the radicals of all faith traditions in all parts of the world. >> there's a pastor, pastor jones in florida. what would have happened if the pastor had gone ahead and burned the korans? >> it would have created a disaster in the muslim world. it would have strengthened the radicals. it would have enhanced the possibility of terrorist acts against america and american interests. >> and the solution might be
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that the pastor would not burn the korans if you would move the islamic center way away from where you plan it now. does that sound like a reasonable compromise? >> you can't equate the two, christiane. how can you equate burning of any person's scripture with an attempt to build interfaith dialogue? this is a house with multifaith stakeholders. multifaith partners intended to work together toward building peace. >> did you ever imagine that recommending or suggesting or buying a place so close to ground zero would cause this kind of controversy? >> never. >> and if you thought it would have provoked this, what would you have done? >> i would never have done it. i'm a man of peace. the whole -- the whole objective of peace work is not to do something that will provoke controversy. >> in the latest poll that abc's conducted, only 37% of those
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asked expressed a positive feeling about islam. do you think that muslims, people such as yourself, others here, can actually have a place to practice their religion freely to live freely as americans, given that figure? it's the lowest figure since 2001. >> in spite of the polls, american muslims are very happy and they thrive in this country. one of the misperceptions that exists that needs to be fixed is the perception that muslims in america are living in very, very bad circumstances. cannot practice religion freely. it's not the truth at all. the fact is, we are practicing. we fast, pray, do our prayers. we're able to do that. our laws and political systems protect us. and we enjoy those freedoms in this country.
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and the muslim world needs to recognize that. >> do you think muslims feel more afraid today here in america than they did right after 9/11? >> the recent controversy has heightened the concern among muslims. and we feel there's a spike of islam-o-phobia, that is reaching, possibly exceeding what happened after 9/11. >> and to hear what the imam says about funding the project, about hamas and about 9/11, go to our website at i'm joined by eboo patel, irshad manji, and richard cizik, the founder of the new evangelical partnership for the common good. welcome to all of you. thank you for being here. can i start by asking all of you, how and what do you think of the imam's rationale for not moving.
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he basically puts to it an issue of national security. there are others in the christian movement say that religious zealots can't be dictating decisions that americans take about religious freedom. and where places of worship are located. so, what do you think about that? >> not much. >> why? >> because religions today are transnational. and we live in a globalized world. where globalization both moves people in reaction to what happens here and can also help move them in a positive direction. the actions we take, vis-a-vis park 51, will have an impact around the world. it can dictate what happens around the world. we should acknowledge that billions of people don't always
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understand us and act accordingly. rather than suggesting that to take this action -- in other words, to live it there is to bow down. that's what they say. that's totally unwarranted. >> and what do you think? >> at the same time, i do think that imam feisal's reasoning is wrong headed. he says relocating will play into the hands of radicals. why then are you acting us to play on the terms of the radicals? the fact of the matter is, terrorists, regardless of their religion or lack of it, are opportunists. they'll use any excuse and twist it into a rationale for intimidating entire populations. we don't need to give them the mosque debate. they'll take anything. let's do the right thing regardless of them. >> what is the right thing? >> well, i would suggest that the right thing is to build a mosque near ground zero. but use it as an opportunity to make it the most tolerant, most transparent islam that the world has seen.
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>> you've done a lot on interfaith dialogue to try to build bridges since the disaster of 9/11. what does this fervor say to you? it's being whipped up. this rising tide of anti-islamic sentiment in this country. because let me just read you, actually, some of the poll numbers, which are interesting here. mainstream islam encourages violence against nonmuslims. that was a question by abc news. 31% said yes. the next question, do you have a good basic understanding of the teachings and beliefs of islam? 55% said no. what has all your work done over the last nine years? >> i have to tell you the story of this last week is the story of the bridge builders in america coming out. when the faces of intolerance show themselves, the faces of inclusiveness in america come out. on friday, after prayers and a set of interviews, there was a sixth grade girl at the
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interfaith youth corps. she said, i heard about the planned koran burning in florida and it hurt me in my heart. i think religions should be nice to each other. i'm donating my allowance to your organization. >> well, that's wonderful. but you say you are more afraid now as a muslim, and many people have said that, than you were after 9/11. >> that's true. my mother called yesterday. she said, i've been in the country for 35 years. as a muslim. i have never been afraid to say i call god allah or that i'm fasting. i'm scared now. i'm scared for your kids' names might be too muslim. they might get bullied in school. i tell her, mom, this is a blip in the broader arc of inclusiveness that is america. the history books will read that the forces of inclusiveness will defeat the forces of intolerance.
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>> only though if we acknowledge that plenty of people not muslim in the country who have legitimate fears of their own. they are worried and anxious about what islam means for this country. and one of the reasons that they do have those anxieties is, over the last nine years, moderate muslims have failed to make the case for why there is nothing to fear about islam. when major nidal hassan opens fire on a group of felllow soldiers in ft. hood, texas, and shouting god is great, and the first thing you hear out of the mouth of a moderate is, please don't misunderstand. you can understand why people are scratching their head. >> let me ask you this. why is it, then, that the difference between 1 billion muslims, who are mostly peace loving, people and al qaeda not been made?
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people look at it that it's al qaeda building the mosque, basically. >> imam feisal abdul rauf has gone around the united states and around the world, supported by this president and president bush teaching the message of peacemaking. when he asked evangelicals, christians and others, to support him in his effort to turn the mosque, the civic center into an instrument of peace-making, the new evangelicals said, absolutely. we'll join you. but let me just add one additional point. . the real victims of this conflict here in the united states, over this matter, and the broader issue of anti-muslim prejudice and bigotry can be christians overseas. who, themselves, have been
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victims of persecution. we evangelicals have to be sensitive to the plight they face in their countries. when we say, we're not going to give the imam what he wants because that would be to bow to islam. or whatever. we're essentially saying to evangelicals around the world, we don't care about you and your plight. >> i want to put it into perspective. you called it a blip. in fact, according to statistics, the total hate crimes in 2008 based on religion were about 1519. and anti-islamic crimes represent 7%. with anti-jewish crimes representing 70%. so to put that in perspective. but how do muslims, now, feel that this is still their home? even though a majority say they feel american, they're successful. assimilated. >> i think a lot of us still feel that way. most of the young muslims i
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speak to, and as a professor at nyu, i get to speak to a lot of young muslims. they tell me that they adore the freedoms that they have in this country. they do have some fears. but they do not at all, any of the ones i have spoken to, consider this any kind of pre-holocaust moment. i say to them is, have moderates in your community told you that the highest number of victims that al qaeda has are, in fact, muslims. in other words, al qaeda kills more muslims than any other group. have you heard that? they have not heard that. this is one of the key reasons. it's not just that we, as if broader society, need to make a distinction between al qaeda and all muslims. i think in muslim communities as well. they need to teach the young people that to have solidarity with muslims doesn't simply criticizing u.s. foreign policy. it means criticizing the very muslims killing people in the name of your religion.
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>> you serve on a committee. an advisory committee for the president and the white house on interfaith issues. the issue is leadership. it's not been lost that this has been sort of whipped up by certain political interests. how does one address that and change it? >> i think president obama has been spot on about this. we have to get the "us" and the "them" right. the us are the people who believe this the american promise of pluralism. a country where george washington said bigotry would have no sanction. a country where thomas jefferson owned a koran, hosted an iftar dinner. america is a great arc of inclusiveness. it envelops everyone. i want my children to be able to contribute to the country like the children of my friends, the jewish friends, catholic friends, christian friends. the them are those that believe
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in extremism. it's that simple. >> thank you all for joining us today. >> thank you. >> thank you. and stay with us. next, we turn to politics on the "roundtable," with george will, arianna huffington, kate zernike of "the new york times," and jonathan karl. breathe in, breathe out. as volatile as markets have been lately, having the security of a strong financial partner certainly lets you breathe easier. for more than 140 years, pacific life has helped millions of americans build a secure financial future wouldn't it be nice to take a deep breath and relax? ask a financial professional about pacific life. the power to help you succeed.
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no oil has flowed into the gulf for weeks, but it's just the beginning of our work. i'm iris cross. bp has taken full responsibility for the clean up in the gulf and that includes keeping you informed. my job is to listen to the shrimpers and fishermen, hotel and restaurant workers and find ways to help. that means working with communities. we have 19 centers in 4 states. we've made over 120,000 claims payments, more than $375 million. we've committed $20 billion to an independent claims fund to cover lost income until people impacted can get back to work. we'll keep looking for oil, cleaning it up if we find it and restoring the gulf coast. i was born in new orleans. my family still lives here. bp is gonna be here until the oil is gone and the people and businesses are back to normal... until we make this right.
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roundtable"," and "the sunday roundtable"," and "the sunday funnies." rid of the mansion and the limo budgets were balanced. $4 billion in tax cuts. world class schools and universities.
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clean energy promoted. 1.9 million new jobs created. california was working. i'm jerry brown. california needs major changes. we have to live within our means; we have to return power and decision making to the local level-closer to the people and no new taxes without voter approval. jerry brown the knowledge and know-how to get california working again.
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so, let me be clear to m so, let me be clear to mr. boehner. mr. boehner. mr. boehner. there were no new policies from mr. boehner. boehner. boehner. boener and the republicans in congress, i bet this just seems like common sense. but not to mr. boehner. >> president obama finds a foil in his speech in cleveland, the man who would be speaker if the republicans take the house in november. we'll talk about that and more with george will, arianna huffington, kate zernike, and abc senior congressional correspondent, jonathan karl. thank you all. welcome. let's take john boehner. since we just heard his name a lot. and he's just made some news by saying that he seems to -- if he
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would have to, make a compromise on the middle class tax cuts and vote for just extending them. is that a go, do you think? is that a qualifier? >> i think he means what he says, some tax cuts are better than none. he wants to fight for all of them. seven times he mentioned john boehner. the president of the united states has met the enemy of hope, freedom, and prosperity in congressman from ohio. he has a 78-seat majority in the house of representatives and john boehner is his problem? that's sad. >> most people react to that by saying who is john boehner? >> so beyond that, what do you think this current debate about the tax cuts means for the midterms? >> well, the main numbers, the one number that matters in the midterms is 9.6. that's the unemployment one. and everything else is really irrelevant compared to the
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unemployment number. just remember n 1994, when republicans took over the house, the unemployment was 5.6%. this is a wave election. so, in a sense, the cards have been dealt. i believe in miracles. but i don't see any kind of fairy being able to come and change things by november. >> you heard austan goolsbee say that it was likely to stay high for quite awhile. is this what's empowering the tea party movement? what will happen in this week's primaries? >> i don't think the unemployment number is what's motivating the tea party. >> the anxiety in the country? >> oh, absolutely. we're spending more money than we have to spend. i think these primaries will be interesting. i think the primary in new hampshire will swing with the establishment candidate in the senate. we have, of course, the delaware senate race, which a lot of people are looking for it to be a tea party election.
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i think if o'donnell is elected, i i that's actually going to be a huge boom for democrats. she's someone that the republicans went after. she's a republican. she ran against joe biden. now that she's running against mike castle, they've raised issues about her financial problems. if she wins, the republican party really can't get behind her. it's lost for them. >> you were there? >> i was. i spoke to christine o'donnell and mike castle. you have the kamikaze republicans, jim demint and sarah palin, endorsing o'donnell. to a person in delaware, the republicans, aside from mint, here in washington, they'll say if o'donnell wins this, boom, they can't win joe biden's senate seat. >> here's the irony. you have about ten congressional races where a third party may make a difference. and help the democrats. in the end, there's an overwhelming anger in the country. you have two-thirds of all americans who believe their children are not going to do as well as they're doing.
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so this is a very profound anger. politics is a zero sum game. if they don't vote for the party in charge right now, they vote for the party. they're going to make things worse. right now, they don't have another choice. >> leave aside the anger. look at the structural problems the democrats have. americans prefer divided government. one party holds the executive branch. the other holds at least part of the legislative branch. second, in off-year elections, the electorate will be smaller. the youth and the minority votes energized by the obama vote won't be there. it's going to be smaller, whiter and more conservative. it's all of these structural problems that the democrats face. >> i think arianna is right. the tea party is a state of mind more than a movement. people may not identify themselves as tea party members. but it is a wave here. they're supporting that view. they're looking for change.
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>> the wave elections are normally understood as an election where 20 seats in the house go one way or the other. this is a wave election following two consecutive wave elections. the republicans now start this year from an unnatural bottom. which again gives them -- >> it certainly will go 20, 25, 35 seats. but i have to say. i think there are premature statements here that the house is won for republicans. if you go state by state in the races, it's tough to show how they'll get to the majority. they may do it. the national trends are horrific for democrats. but this is not done yet. >> that's really the point. the national trends will be bad for democrats between now and november. next week, we'll have the census numbers show the poverty rate going to 15%. these are the numbers we had in the '60s. when we launched the war on poverty. we had unprecedented foreclosures, car repossessions. we have the fire in california. it shows where the infrastructure is.
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when you have electric pipes not been repaired and people are dying. >> and what i find kind of extraordinary is what apparently seems to be, according to economists and the experts, real ways of spurring not just the economy but unemployment and making long-term infrastructure payments and efforts but seems not to be politically tenable. this seems to be war, if you like, between what's good for the health of the economy and what's good for political health. >> the president proposed $50 billion infrastructure bank. that's over six years. that's $8.3 billion a year in a $14.2 trillion deficit. it's trivial. >> and notice that austan goolsbee in your interview did not go there. when you asked him about how many jobs will be created. >> they know how they
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completely underestimated the economic crisis. they said unemployment would be down to 8%. right now, the american people are given a choice between inadequate solutions from the democrats and laughable solutions from the republicans. thank god in nevada they can vote none of the above. that may be harry reid's salvation. >> you mentioned nevada. i will put up a couple of things. part of jon's interview with sharron angle. >> do we have enemies of the country in the halls of congress? >> people who pass these kinds of policies, stimulus, bailouts, obama-care, cap and trade, they're certainly not friends to the free market system. >> so what are they? >> they're not friends. >> she wouldn't go there. it's an extraordinary comment to make, enemies of the system. >> and she's not backing off her earlier suggestion that there
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are enemies in the halls of congress. what's interesting about that, she mentioned those that supported bailouts, that would include john boehner and george w. bush. >> but, what's also interesting, is, you talk to people coming to the capitol this week end to rally, that's not an unusual view. this is something you hear quite often. >> that's the irony again. at the bottom of the tea party movement is anger at the bailout. people have been given proof that the government does not work. because the government spent almost $800 billion and look where we are. wall street is doing well. main street is suffering. >> somebody i was talking to during the week, people in business, venture capital, saying, why doesn't the government do more to force banks to lend, to do more to make it easier for people to
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show some kind of consumer activity? >> maybe if the government did less, period, people would be more inclined to lend money. the banks are not hoarding the money because they're mad at somebody. they're hoarding money because they can't find lenders who think they can borrow it and make money. >> no, that's not true. the banks are getting almost 0% rate loans from the fed. they're spending it to make a lot of profits. this congress and this administration still has not passed an end to too big to fail. still has not reinstated glass-steagall. even though people may not be able to give you all the details, they know that the system has not been fixed. that financial reform is full of loopholes. that the system is not fair to them as they're seeing their lives fall apart. >> and yet, people, when it comes down to -- even in bad situations, there have been
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periods where leadership builds up confidence, optimism. what does this administration need to do to build the confidence of people even in a bad situation? >> well, it's really hard to do it over the next eight weeks. >> beyond the next eight weeks. in general. this is not a problem that will go away after the election. >> if you look at what got us here is the complete polarization on capitol hill. absolutely, i mean, all the major initiatives of the obama administration that passed, they passed with virtually no republican support at all. it won't be easier if you get sharron angle, buck, joe miller coming in the next time around. the idea that the government can actually accomplish something. there can be agreement among the parties about what is right. it's a notion that is almost completely gone away. >> the tax cuts. the president says we can't afford the tax cuts to the wealthy. because that would add $700
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billion to the deficit over ten years. over ten years, it would add less to the deficit than obama added in one year. >> they're the least effective in terms of long term, the economic health. they also say that for instance, a payroll tax holiday would have been the most effective. why do you think that didn't happen? >> that's really the problem. we never had that urgency about jobs, that we did about saving wall street. everybody came together over the weekend and said, we cannot let this happen. they threw everything at the wall. they saved wall street. they never did that about jobs. payroll tax holiday, r&d credit. there's so much that could have been done that was not. it's too late for the midterms, but not too late for the economy. >> on that note, you'll continue this discussion in the green room, i hope. where "the roundtable" discussion does continue on our
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website. today's edition of the note books from around the world, will russia have a president putin again? coming up, "in memoriam." and later, "the sunday funnies." ♪ [ man ] if it was simply about money, every bank loan would be a guarantee of success. at ge capital, loaning money is the start of the relationship, not the end. i work with polaris every day. at ge capital, we succeed only when they do. whoo! awesome! yes! we've got to get you out of the office more often. ♪ my turn to drive. ♪ sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what?
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i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. so they can focus on serving their customers. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now.
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somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. now, "in memoriam." >> the minute they walk in, walk out. ♪
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>> we remember all of those who died in war this week. the pentagon released the names of nine soldiers and marines killed in iraq and afghanistan. we'll be right back. we'll be right back.
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i have a drug problem. 10% of the world's medicine is counterfeit. affecting over a billion people a year. on a smarter planet, we're building intelligence into things. so we can follow this medicine from the factory to the distribution center... to the pharmacy... and know it's the real thing. keeping counterfeits off the shelves. in places like the u.s... tanzania... and india. smarter medicine is safer medicine. that's what i'm working on. i'm an ibmer. let's build a smarter planet.
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can be unsettling. but what if there were a different story? of one financial company that grew stronger through the crisis. when some lost their way, this company led the way. by protecting clients and turning uncertainty into confidence. what if that story were true? it is. ♪
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and now, "the sunday and now, "the sunday funnies." >> barbara walters went back on "the view" today. she had this heart surgery. it's completely successful. the doctors say she'll recover completely if she avoids stress, loud noises, and arguments. >> a solution may be in the works for the mosque controversy. rumor is donald trump may by the property. that would end the controversy because trump only worships himself. >> who is funding this? where is the money coming from? >> parishioners. occasional bake sales. nothing nefarious. >> they have tax exempt status. that means pastor terry jones is being bankrolled by the united states government. that is state-supported extremism. we're funding extremist
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churches. >> that's right, jon. our muslim president is funding christian extremists. we'll be right back with our "picture this week." financing their fleet, sharing our expertise, and working with people who are changing the face of business in america. after 25 years in the aviation business, i kind of feel like if you're not having fun at what you do, then you've got the wrong job. my landing was better than yours. no, it wasn't. yes, it was. was not. yes, it was. what do you think? take one of the big ones out? nah. 25% of the world's food supply is lost to spoilage. that's 458 billion dollars worth every year. on a smarter planet, we're building intelligence into physical things. so we can know how far our food's traveled... monitor temperature all the way to the market... and know it got to the table fresh. it's already happening in places like canada, norway and vietnam. when we make food smarter, we make it safer. that's what i'm working on.
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i'm an ibmer. let's build a smarter planet. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. that while you may come from the same family... you know, son, you should take up something more strenuous. you have different needs and desires. - i'm reading a book. - what's a book? so we tailor plans for individuals, featuring a range of integrated solutions. - you at your usual restaurant? - son: maybe. see you tomorrow. - stairs? - elevator. to see how our multi-faceted approach... can benefit your multi-generational wealth,
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look ahead with us at nine nine years after the september 11 attacks, american and international troops are still fighting in afghanistan. the united states is wrapped up in an emotional debate over islam. and the politics of fear are still being hauled out. we leave you this morning with our pictures this week. photos of street murals that began appearing in neighborhoods across america in the days and weeks after 9/11 and that are still there. many were patriotic. some sought revenge. others celebrated the heroism of firefighters and emergency personnel. what is clear is that 9/11 has changed our world and the way each of us sees fit to live in it. that's our program for today. thanks for watching. see you next week.
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in the news this sunday morning, residents return to what is left of their homes after thursday's natural gas explosion and fire. rid of the mansion and the limo budgets were balanced. $4 billion in tax cuts. world class schools and universities. clean energy promoted. 1.9 million new jobs created. california was working. i'm jerry brown. california needs major changes. we have to live within our means; we have to return power and decision making to the local level-closer to the people and no new taxes without voter approval. jerry brown the knowledge and know-how to get california working again. so i grabbed my son a juiceed dbox...and left the cooler lid. open. twenty minutes later, all our hot dogs were gone.

This Week With Christiane Amanpour
ABC September 12, 2010 7:00am-8:00am PST

News/Business. (2010) Imam Feisal Abdul Rauf discusses the plans for an Islamic community center and mosque in New York. New. (CC)

TOPIC FREQUENCY California 8, Boehner 6, John Boehner 6, Mr. Boehner 5, Jerry Brown 4, Arianna Huffington 3, Obama 3, Jonathan Karl 3, O'donnell 3, Kate Zernike 3, Florida 3, Afghanistan 3, Austan Goolsbee 3, Washington 3, Joe Biden 2, Sarah Palin 2, Feisal Abdul Rauf 2, Pentagon 2, Terry Jones 2, Siemens 2
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Duration 01:00:00
Scanned in San Francisco, CA, USA
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Tuner Channel 93 (639 MHz)
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Audio Cocec ac3
Pixel width 528
Pixel height 480
Sponsor Internet Archive
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